Large Inflow of Money Detected in Enterprise Products Partners L.P.

Enterprise Products Partners L.P. (EPD) : The money flow analysis of Enterprise Products Partners L.P. (EPD) indicates a $19.02 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $30.06 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.58 and so was the total money flow at $11.04 million. A solid up-down ratio of 7.32 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $12.34 million worth of block trades on upticks. Only $1.69 million worth of the stock exchanged hands on downticks. The money flow was $10.65 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Enterprise Products Partners L.P. (EPD), pushing it down by -0.24% for the day. The stock slid $0.07 and traded at $29.59 during the day. Nonetheless, the stock is 1.86% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 6.36%. Shares have dropped -4.18% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $31.17 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $28.35 and the 200 Day Moving Average price is recorded at $25.28.

Enterprise Products Partners L.P. (NYSE:EPD): The stock opened at $29.90 on Thursday but the bulls could not build on the opening and the stock topped out at $30.11 for the day. The stock traded down to $29.54 during the day, due to lack of any buying support eventually closed down at $29.59 with a loss of -0.24% for the day. The stock had closed at $29.66 on the previous day. The total traded volume was 4,364,060 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director 10% owner of Enterprise Products Partners L P, Williams Randa Duncan had purchased shares worth of $240,000 in a transaction dated on March 8, 2016. A total of 10,000 shares were purchased at a price of $24 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.

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